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January 01, 2013


House Passes Fiscal Cliff Deal

After exploring the possibility of adding spending cuts to the Senate-passed bill to limit tax hikes caused by the "fiscal cliff," the House Republican leadership abandoned that strategy and ultimately passed the bill unamended, the New York Times reports.

The final vote was 257 to 167.

House Majority Leader Eric Cantor (R-VA) voted against the measure, as did House Majority Whip Kevin McCarthy (R-CA). Rep. Paul Ryan (R-WI) voted in favor.

President Obama is expected to sign the bill into law shortly.

Wonk Wire has a summary of what's included in the deal.












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